TIMES OF INDIA · 2026-10-30 09:18 UTC

$6.3 billion gone, North Korea 'link': Inside the crypto heist at world's largest exchange Binance

Hackers stole approximately $6.36 billion in cryptocurrency from Binance wallets across 10 blockchains, with most transferred in about 20 minutes. Blockchain analysis firms attribute the attack to North Korea's elite hacking unit TraderTraitor, though this remains an assessment not independently confirmed by law enforcement. Binance CEO Richard Teng said the attack was more complex than initially thought, involving an engineer's laptop but not a simple single-access breach; the exchange will cover all losses and has frozen about $3 billion of stolen assets.

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